Do you keep your money lying here and there for easy access to everyone? Well nobody likes to lose his hard-earned money. And I'm sure if you have purchased some crypto assets, you may not like to keep them unguarded. Hence, today, I am going to introduce you to one of the most renowned wallet services. Yes, here I am referring to the Coinbase wallet which has won the hearts of many crypto enthusiasts over the years. Hence, if you are also planning to bag some crypto assets, you may choose this wallet for its storage and safety.

On the other hand, if you do not know much about this wallet and wish to explore it further, then you can follow the guidelines that I am going to explain further in this post. But, the first thing that we would do today is take a glance at the features that have been in-built into it.

Well, Coinbase exchange is already a popular crypto exchange and a lot of users have already shown their trust in it. Therefore, the company thought of creating its own crypto wallet so that users do not have to wander here and there in search of good storage space for dumping their purchases. However, there definitely are some additional benefits of using the exchange which I am going to list right below:

• First of all, it is a non-custodial wallet meaning that you are the only owner of your dumped assets

• Comes with top-notch security features and a simple user-friendly interface

• The variety of tokens included in this wallet has made it pretty popular among crypto investors

Without having a look at its features, we can never-ever decide whether or not this wallet is a good choice for us. Hence, I suggest you take a look at the details given below and understand whether it's the right choice for you or not:

• Comes with support for major crypto assets such as Bitcoin, Ethereum, Bitcoin Cash, and others

• Om addition to that, it is considered a Cloud backup which means you can access your wallet from anywhere in any place

• If you are already trading crypto assets through coinbase.com, then you can quickly transfer your funds from the exchange to the wallet

• With this wallet by your side, you will be able to view the current price of your crypto assets in your regional currency

• In addition to that, if you wish to make crypto payments then also the same could be done from the Coinbase wallet

• Allows you to view transaction history

If these features have left an impression on you and you wish to know how to proceed with your journey with this wallet, then you can follow the steps that are explained in the upcoming segments.

Before you can set up this wallet on your device, it is important to install its Chrome browser extension or the mobile-friendly app on your Android or iOS device. However, one important thing to note down here is the fact that the Coinbase wallet extension can only be installed on a Chrome web browser because no other web browser supports this extension. So, check out the below-laid steps to understand how to do that:

1. Visit https://www.coinbase.com/wallet from your Chrome browser

2. After this, click the "Download" button

3. Then, choose the "Download for Chrome" button

4. After that, select the option "Add to Chrome" > "Add extension"

5. Wait for the file to get installed and open it for the wallet setup

Note: If you wish to use the Coinbase wallet on a mobile phone, then you can search the respective application store of your device for "Coinbase wallet" and take the necessary action to get the wallet app installed.

For the purpose of setting up a Coinbase wallet on your device, you can refer to the steps explained below:

1. Begin the procedure by launching the wallet app or the extension

2. Right after this, select the "Create New Account" button

3. Then, allocate a username for your wallet

4. Now, you need to protect this wallet account by using your Touch ID or the passcode

5. When you see the 12-word secret recovery phrase displayed, note it down

This way you can easily install and set up a Coinbase wallet on your device. Now that you have set up your Coinbase wallet, it is time now to learn how to send or receive crypto assets through this wallet.

1. Sign into your wallet account first

2. Now, click on the "Tokens" menu and select the token you wish to send

3. And then, click on the "Send" option

4. Afterwards, decide on the number of tokens

5. Scan the receiver's wallet QR code or manually enter the wallet address

6. After reviewing the details on this page, select "Continue"

1. Sign into your Coinbase wallet on the app or the extension

2. Again, select the "Tokens" option

3. Select the "Receive" option

4. And, now you'll see the QR code of your wallet/ the wallet address

5. Share this wallet address or QR code with others to start receiving crypto assets

As you must have heard the name of Coinbase already, then you might not need to give it a second thought before opting for this wallet. If you have been looking for a non-custodial wallet, then the Coinbase wallet could be a great choice for you. And the best part is, you can store multiple types of crypto assets in it.